Automation Breathes New Life Into Harried Textile Industry
A South and Southeast spread textile modernization reaches a $1 billion investment this year with automation cutting labor in plants from Danville Virginia to Georgia. Firms plan more outlays next year as production per worker rises amid skilled labor shortages and new research labs across Spearlansburg Charlotte Greensboro and Jefferson. The push pulls in tax credits and depreciation laws to finance plant and equipment while facing import competition from manmade fibers.
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